Hester Peirce, who heads the SEC’s crypto task force, said that the staff 
statement represented “expansive readings of the securities laws“ in response 
to digital assets.

SEC proposes certain crypto interfaces don’t need to register as brokers

Goldman Sachs strategist Ben Snider told investors on Monday that uncertainty 
tied to artificial intelligence (AI)-driven disruption will suppress growth 
stock valuations for quarters, possibly years, and that broad exposure to the 
sector is no longer a viable strategy. Key Takeaways: Goldman Sachs strategist 
Ben Snider warned April 13 that AI disruption fears could weigh […]

Report: Goldman Sachs Strategist Says AI Disruption Fears Will Linger for Years in Software Stocks

The US politics story with the most direct impact on American households went 
live Monday morning when the Navy blockade of Iranian ports took effect at 10 
AM ET, pushing Brent crude above $103, WTI to $104, and keeping average…

US Politics Today: Trump’s Iran Blockade Is Now in Effect and What It Means for Oil Prices, Inflation, and Your Wallet

A crypto analyst has announced that Bitcoin (BTC) has hit its last bull trap, 
signaling that the price of the flagship cryptocurrency could fall much 
further before a potential reversal begins. The analyst has shared a chart 
highlighting key accumulation areas at levels below $60,000, the lowest price 
BTC has reached since its all-time high in 2025. Bitcoin Reaches Final Bull 
Trap Following Bitcoin’s rebound over the weekend, a pseudonymous whale and 
crypto analyst known as NoName shared an update on Bitcoin’s latest price 
action and what its next moves may be. In a post on X, NoName announced that 
Bitcoin has recently hit its second and final bull trap since reaching a price 
peak in 2025. Related Reading: This Bitcoin Metric Has Predicted Every Cycle 
Bottom, But What Is It Saying Now? He shared a video chart showing how the 
Bitcoin price has moved throughout its ongoing bear market. After a prolonged 
rally that eventually pushed Bitcoin to an all-time high above $126,700, the 
market shifted direction and entered a sustained downtrend, marked by multiple 
corrective waves. Later during Q1 2026, Bitcoin experienced its first major 
bull trap. At the time, the price spiked sharply upward, drawing in late 
buyers and briefly reviving bullish sentiment before quickly reversing and 
resuming its decline. The move ultimately caught overleveraged traders off 
guard, leading to significant losses for those who entered near the top. After 
this initial trap, the price continued to slide and establish lower price 
levels before forming its latest bull trap this month. Here, BTC surged above 
$72,000 shortly after the US-Iran ceasefire announcement. The rally held for 
several days, sustaining optimism slightly, before momentum faded and the 
price retraced back toward the $70,000 level at the time of writing. With this 
last bull trap in place, NoName has stated that Bitcoin’s path has become 
clearer. The analyst is now anticipating a final downside flush, suggesting 
that more volatility and pain could lie ahead for BTC. He projects a potential 
price crash to $50,000, representing a more than 28% drop from its current 
price and a drawdown of about 60% from BTC’s peak. Notably, NoName has marked 
the $50,000 level as a potential accumulation area, and investors and traders 
could begin entering the market again to prop up their positions. What’s Next 
For The BTC Price? Based on NoName’s analysis, the $50,000 level is likely 
Bitcoin’s final price bottom before a bullish reversal. Once the 
cryptocurrency hits this accumulation point, the analyst anticipates an upward 
move to the next re-accumulation area between $75,000 and $85,000. Related 
Reading: Analyst Says Bitcoin Has Printed A Historically Aggressive Recovery 
Setup, What To Expect After consolidating around this range for a bit, NoName 
projects that Bitcoin could rise sharply to his “mark-up” target between 
$95,000 and $110,000, before skyrocketing to a new all-time high above 
$130,000. Featured image from Pixabay, chart from Tradingview.com

Bitcoin Has Hit The Last Bull Trap, But The Accumulation Level Lies Much Lower

Bernstein says recent Bitcoin volatility already reflects “real but 
manageable” quantum‑attack risk, giving developers roughly 3–5 years to roll 
out a post‑quantum migration path anchored around BIP‑360. Wall Street broker 
Bernstein argues that the latest pullback in Bitcoin (BTC) has,…

Cryptocurrency price in KWD